Value of stealing bases in Major League Baseball

This paper asks whether stealing bases contributes to scoring runs and winning games in Major League Baseball. A successful attempt advances the runner to the next base, which raises his chances of scoring a run; being caught stealing results in an out. Exploiting a dataset that includes all professional MLB teams and 15 regular seasons of play (1990–2004), the empirical results suggest that players attempting to steal bases are successful two out of three times. On the average and other things being the same, a one-standard deviation increase in the number of stolen base attempts results in 3.65 more games won per season.